Cahill Represents Initial Purchasers in $425 Million Notes Offering for ClubCorp Holdings
Date: 09/18/17
Cahill represented the initial purchasers in connection with the Rule 144A offering of $425,000,000 aggregate principal amount of 8.50% senior notes due 2025 by Constellation Merger Sub Inc., which merged into ClubCorp Holdings, Inc. ClubCorp is the leading owner and operator of golf and country clubs, business clubs, sports clubs and alumni clubs in the country. Proceeds from the offering were used to refinance existing indebtedness and fund a leveraged buyout by affiliates of Apollo Global Management, LLC.